I did say rant over!
RBS is in the state it in due to bad management at the top leading to massive provisions for payouts etc, rather than the day to day running of the core business which like all banks, is profitable.
I'm not a lover of RBS even if they do pay a part of my pension. When they took over Natwest, they scrapped a lot of the very costly IT development I was working on, in favour of their own systems and swallowed up what was one of the best performing pension schemes around.
